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You are analyzing the financial ratios for XYZ Corp. Which of the following pieces of...

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Accounting

You are analyzing the financial ratios for XYZ Corp. Which of the following pieces of information would you characterize as evidence of strength for XYZ Corp.?

This is a multiple-answer format question which means you should check all that apply...there may be more than one correct response.

a. The Return on Assets has decreased each year for the last 3 years and is now significantly lower than the industry average.

b. The Days Sales Outstanding ratio has increased each year for the last 3 years and is now significantly higher than the industry average.

c. The Days Sales Outstanding Ratio has decreased each year for the last 3 years and is now significantly lower than the industry average.

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